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4460 Keith St NW 1,250 SF Retail Building Cleveland, TN 37312 $820,000 ($656/SF) 6.26% Cap Rate
INVESTMENT HIGHLIGHTS
- Excellent Visibility from positioning off Hwy 11.
- Prime location situated less than fifteen minutes from downtown Cleveland.
- Recently renovated in 2019.
EXECUTIVE SUMMARY
Great little commercial building with excellent visibility! Built in 2019 - Located next to Walgreens & Tire Discounters just across the street from Wal-Mart. Property is part of a condo association. Sale includes building only. Currently leased through 2025.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
1,250 SF
Building Class
B
Year Built
2019
Price
$820,000
Price Per SF
$656
Cap Rate
6.26%
NOI
$51,300
Tenancy
Single
Building Height
1 Story
Building FAR
0.01
Lot Size
2.05 AC
Zoning
CH - Highway Commercial
Parking
5 Spaces (4 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Freeway Visibility
- Pylon Sign
- Drive Thru
- Air Conditioning
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Tobacco Sky
- Retailer
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Tobacco Sky | Retailer | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 042B-C-001.00 | Total Assessment | $1,316,600 |
| Land Assessment | $246,400 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $1,070,200 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
042B-C-001.00
Land Assessment
$246,400
Improvements Assessment
$1,070,200
Total Assessment
$1,316,600
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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4460 Keith St NW
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